The clearing bank and embedded finance provider has relocated to Broadgate Tower to accommodate its growing operations and support an expanding footprint across Europe.
ClearBank, the enabler of real-time clearing and embedded banking, has announced the opening of its new London headquarters at Broadgate Tower in the City. The move represents an important step for the fintech, which now holds £18bn (US$24.3bn) in customer deposits as it continues to scale and expand its footprint.
The new headquarters – opened by Lucy Rigby KC MP, Economic Secretary to the Treasury – reflects ClearBank’s expanding role at the heart of the UK and European fintech ecosystem, while also underlining sustained demand for its real-time clearing, embedded banking and cloud-native infrastructure. This further highlights ClearBank’s strong UK foundations and long-term commitment to both the UK and European markets at a critical moment for financial infrastructure innovation.
Mark Fairless, Group CEO of ClearBank, says: “Opening our new London headquarters is a major moment for ClearBank. It reflects not just our growth but also our belief in the unique opportunity the UK and Europe offer as leaders in financial innovation. Focusing on unlocking our clients’ potential, we are building a bank that’s fit to deliver – not just for today, but for tomorrow.”
A hub for European expansion
London remains one of the world’s leading financial hubs, attracting global fintech scale-ups and institutional innovators alike, and serving as a natural springboard for broader European growth. The new office will serve as a hub for ClearBank’s growing team and deepen collaboration with clients and partners. ClearBank employs 700 people and powers major brands such as Revolut, Coinbase and Wealthify.
This move builds on a pivotal 12 months for the bank, after it launched its embedded banking, payments and clearing services to corporate businesses, as well as appointing new senior leaders, including Tristan Kirchner as CEO of ClearBank Europe, Neil Drennan as CTO and David Samper as Group CFO, to spearhead the next phase of its growth.
Mark continues: “We are incredibly proud to call this our new headquarters, but this is just the next step in our growth strategy and we have ambitious plans for further growth. Home to the fintech revolution, our position here enables us to support the next generation of customers and partners as they scale across borders, powering this thriving ecosystem to go from strength to strength.”
Security through central bank deposits
ClearBank, the UK-based clearing bank and embedded finance provider, has relocated to Broadgate Tower to support its scaling operations and expanding European footprint. By holding customer deposits with central banks, the institution provides clients with maximum liquidity and minimal credit risk, combining the security of a fully regulated bank with the agility and tech-first model of a nonbank provider.
The bank continues to invest heavily in technology, operational resilience, and regulatory readiness to meet growing demand across payments, digital assets, and embedded finance in the UK and Europe.
The expansion has been welcomed by the UK government as a sign of the strength of the domestic fintech sector. Economic Secretary to the Treasury, Lucy Rigby KC MP, commented:
“It is brilliant to see ClearBank opening a new, larger London HQ. This is another vote of confidence in the UK as Europe’s number one fintech hub and a leader in financial innovation. By backing innovators like this, we’re driving growth, creating high-skilled jobs and helping put more money in people’s pockets.”